StockWatch
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Computer Software: Prepackaged Software
Quarterly ResultAug 5, 2026, 10:08 AM

Paylocity Fiscal 2026 Revenue $1.77B, up 11%; Client Base 44,400

AI Summary

Paylocity reported total revenues of $1,771.3 million for fiscal year 2026, an 11% increase year-over-year, following a 14% increase in fiscal 2025. The company maintained a strong annual revenue retention rate of over 92% across the last three fiscal years, serving approximately 44,400 clients. Paylocity continues to enhance its cloud-based HCM, finance, and IT software solutions by embedding AI into workflows and expanding its product offerings and referral network.

Key Highlights

  • Total revenues for fiscal 2026 reached $1,771.3 million, an 11% increase from fiscal 2025.
  • Total revenues for fiscal 2025 were $1,595.2 million, a 14% increase from fiscal 2024.
  • Annual revenue retention rate exceeded 92% for fiscal years 2024, 2025, and 2026.
  • Served approximately 44,400 clients as of June 30, 2026.
  • Research and development costs were $303.2 million for fiscal 2026.
  • Workforce consisted of approximately 6,900 employees as of June 30, 2026.
  • Realized target addressable market is approximately $22.5 billion.